Bloomberg News

Mozambique Tax Authority Seeks 79 Billion Meticais, O Pais Says

June 14, 2011

June 14 (Bloomberg) -- Mozambique’s state run tax authority is targeting 79 billion meticais in taxes this year, an increase from the 63 billion Meticais collected in 2010, the daily independent O Pais reported on its website today, citing authority Chairman Rosario Fernandes.

The tax authority’s target was aimed at covering the southern African country’s 2011 national budget deficit of 62 billion Meticais, the Maputo-based daily cited Fernandes saying.

To contact the reporter on this story: Fred Katerere in Maputo at

To contact the editor responsible for this story: Tim Smith at

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